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About This Home
This 8-bedroom, 0-bathroom multi-family at 420 Lordwith Drive unit: Building C in Billings, MT is listed for $1,711,340 ($216 per sqft). Built in 1959, the home offers 7,920 sqft of living space on a 0.18 acres lot.
8-unit, two-story brick multifamily offering all 2BR/1BA units, 100% occupied with an active waitlist. Balanced unit mix with 4 renovated and 4 classic units creates a strong in-place income stream with clear upside. Classic units present a proven path to increased rents through interior updates, making this the most compelling value-add opportunity in the portfolio.
Current income supports immediate cash flow, while future improvements allow for meaningful growth. Condo conversion has been approved, providing flexibility for a potential sell-off strategy or long-term hold. Located within a three-building offering at 420 Lordwith Drive, available individually or as part of the full portfolio. Positioned less than one mile from a major hospital development, supporting long-term rental demand.
Key Features
- Built in 1959
- 0.18 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$9,153/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
420 Lordwith Drive unit: Building C
Billings, MT 59102
Witherup
Property Details
Construction
Heating
Cooling
Questions & Answers
This 8-bedroom, 0-bathroom multi-family at 420 Lordwith Drive unit: Building C is listed at $1,711,340 ($216/sqft). The estimated monthly payment is $7,416 based on 20% down at 6.5% interest.
Key features include: Built in 1959, 0.18 acre lot, 2 stories.
This property is listed by Lukas Seely and can be reached at 3105705415 or looder.realestate@gmail.com.